Stitch Fix, Inc.SFIXEarnings & Financial Report
Stitch Fix, Inc. is an online personal styling service in the United States. It uses recommendation algorithms and data science to personalize clothing items based on size, budget and style. The company was founded in 2011 and had an initial public offering in 2017 with a valuation of $1.6 billion. Stitch Fix generated $1.6 billion in net revenue in its fiscal year 2023, a decrease of 21% year-over-year and reported 3,297,000 active clients in September 2023. It is headquartered in San Franci...
SFIX Q1 FY2026 Key Financial Metrics
Revenue
$342.1M
Gross Profit
$149.3M
Operating Profit
$-8.6M
Net Profit
$-6.4M
Gross Margin
43.6%
Operating Margin
-2.5%
Net Margin
-1.9%
YoY Growth
7.3%
EPS
$-0.05
Stitch Fix, Inc. Q1 FY2026 Financial Summary
Stitch Fix, Inc. reported revenue of $342.1M (up 7.3% YoY) for Q1 FY2026, with a net profit of $-6.4M (down 1.7% YoY) (-1.9% margin). Cost of goods sold was $192.8M, operating expenses totaled $157.9M.
Key Financial Metrics
| Total Revenue | $342.1M |
|---|---|
| Net Profit | $-6.4M |
| Gross Margin | 43.6% |
| Operating Margin | -2.5% |
| Report Period | Q1 FY2026 |
Stitch Fix, Inc. Annual Revenue by Year
Stitch Fix, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.3B).
Stitch Fix, Inc. Quarterly Revenue & Net Profit History
Stitch Fix, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $342.1M | +7.3% | $-6.4M | -1.9% |
| Q4 FY2025 | $311.2M | -2.6% | $-8.6M | -2.8% |
| Q3 FY2025 | $325.0M | +0.7% | $-7.4M | -2.3% |
| Q2 FY2025 | $312.1M | -5.5% | $-6.5M | -2.1% |
| Q1 FY2025 | $318.8M | -12.6% | $-6.3M | -2.0% |
| Q4 FY2024 | $319.6M | -12.4% | $-36.5M | -11.4% |
| Q3 FY2024 | $322.7M | -15.8% | $-21.3M | -6.6% |
| Q2 FY2024 | $330.4M | -17.5% | $-35.5M | -10.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $330.4M | $322.7M | $319.6M | $318.8M | $312.1M | $325.0M | $311.2M | $342.1M |
| YoY Growth | -17.5% | -15.8% | -12.4% | -12.6% | -5.5% | 0.7% | -2.6% | 7.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $538.3M | $537.0M | $486.9M | $507.1M | $472.6M | $484.7M | $480.6M | $530.7M |
| Liabilities | $325.0M | $328.1M | $299.8M | $316.6M | $274.9M | $284.4M | $277.6M | $326.7M |
| Equity | $213.3M | $208.9M | $187.0M | $190.5M | $197.8M | $200.4M | $203.0M | $204.1M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-22.3M | $21.7M | $8.2M | $14.3M | $-16.2M | $20.5M | $7.0M | $10.9M |